Hot take: The best time to sell a home isn’t spring.
There we said it!
It’s not when prices are high, rates are low, or when your partner, your mom, your best friend, or the guy on YouTube says you should.
The best time to sell is when it’s right for you. It’s when selling and moving are part of your journey to the next chapter in your life. Full stop. With that said, there are benefits to selling in each season, provided it’s right for you.
• We love to tell our spring sellers that homes sold in May net a 12.8% seller premium. That’s $$$ above the home’s market value. Plus, in the spring, curb appeal is best (sorry winter), and buyers are on the hunt.
• Extended daylight hours make it easier for buyers to schedule viewings and attend open houses after work or on weekends, making summer a great time to list. Plus, families with kids will always prefer a move in between school years.
• The decline in seller premiums typically begins in the fall around September, when it drops to just 8%. By then, most families with school-aged kids have bought and settled into the new school year so foot traffic definitely slows down. The upside for fall sellers? They can sell and buy to host the holidays in their new home.
• With fewer homes on the market, our winter sellers get the chance to stand out. Plus, winter buyers are often relocating for work or personal reasons, making them more likely to make offers.
What season do you think is best? Drop an emoji
🌷for Spring ☀️ for Summer 🍂 for Fall ❄️ for Winter
“Bringing You Home to the Good Life”
Morrison Bifford Real Estate Group
Royal LePage Locations West Realty
#pentictonrealestate #pentictonbc #pentictonrealtors #bcrealestate #visitpenticton #okanagan #southokanaganrealestate #summerlandbc #summerlandrealtor #summerlandrealestate #troutcreekbc #naramatsbench #naramatabc #naramataviews #naramatavillage #lovewhereyoulive #realestatetips #realestateadvice #lovewhatyoudo
